A share price of Sociedad Quimica Y Minera de Chile S.A. ADR [SQM] is currently trading at $40.04, down -0.82%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SQM shares have gain 2.27% over the last week, with a monthly amount glided 9.19%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Sociedad Quimica Y Minera de Chile S.A. ADR [NYSE: SQM] stock has seen the most recent analyst activity on October 11, 2024, when JP Morgan downgraded its rating to a Neutral and also revised its price target to $44 from $55. Previously, Goldman upgraded its rating to Buy on August 09, 2024. On July 31, 2024, Berenberg initiated with a Hold rating and assigned a price target of $35 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $62.80 on April 08, 2024. Deutsche Bank downgraded its rating to a Hold and reduced its price target to $52 on January 11, 2024. Goldman upgraded its rating to Neutral for this stock on December 15, 2023. In a note dated October 26, 2023, Scotiabank upgraded an Sector Outperform rating on this stock but restated the target price of $84.
Sociedad Quimica Y Minera de Chile S.A. ADR experienced fluctuations in its stock price throughout the past year between $32.24 and $64.62. Currently, Wall Street analysts expect the stock to reach $45.9 within the next 12 months. Sociedad Quimica Y Minera de Chile S.A. ADR [NYSE: SQM] shares were valued at $40.04 at the most recent close of the market. An investor can expect a potential return of 14.64% based on the average SQM price forecast.
Analyzing the SQM fundamentals
Trailing Twelve Months sales for Sociedad Quimica Y Minera de Chile S.A. ADR [NYSE:SQM] were 4.77B which represents -41.48% decline. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.06 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.94.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 39.41 points at the first support level, and at 38.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 40.47, and for the 2nd resistance point, it is at 40.91.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Sociedad Quimica Y Minera de Chile S.A. ADR [NYSE:SQM] is 2.94. As well, the Quick Ratio is 2.05, while the Cash Ratio is 0.82. Considering the valuation of this stock, the price to sales ratio is 1.20, the price to book ratio is 2.26.
